By Alex Ellis

In currency market news Sterling has continued to take quite a hit this morning following a drop in exchange rates yesterday; this can be attributed to the news over the weekend that the Conservative’s lead over Labour has fallen below ten percent and therefore increases the risk of a hung parliament. Alongside this the British Retail Consortium released retail sales figures for January which showed that retail sales have fallen to -0.7% from +4%; these figures are the worst for 15 years.

In order to achieve the best currency rates you may want to contact an experienced currency broker who can help to guide you through the process and ensure that you maximise your savings whilst also minimising your risk especially in times such as these when the market remains expecially volatile.